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1700 2nd Ave 26,532 SF Vacant Industrial Building Des Moines, IA 50314 $1,600,000 ($60.30/SF)
Executive Summary
Stabilized investment opportunity with tenant lease extended through August 2027 at above-market rental rates.
26,532 SF industrial property on 2.065 acres featuring a combination of warehouse, showroom, and office space.
Excellent loading capabilities with 7 dock doors and 6 drive-in doors supporting a wide range of industrial and distribution operations.
Strategically located in central Des Moines with strong visibility along 2nd Avenue and convenient access to major transportation routes.
Additional 0.44-acre parcel available for purchase, providing future expansion or outdoor storage potential.
Property Facts
| Price | $1,600,000 | Rentable Building Area | 26,532 SF |
| Price Per SF | $60.30 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1962 |
| Property Type | Industrial | Parking Ratio | 0.45/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 2.07 AC | ||
| Zoning | I1 - Industrial District | ||
| Price | $1,600,000 |
| Price Per SF | $60.30 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.07 AC |
| Rentable Building Area | 26,532 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 0.45/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | I1 - Industrial District |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
Linde began in 1879 when Carl von Linde founded the company in Germany. The modern corporation resulted from a 2018 merger between Linde AG and Praxair, an American industrial gas company. The combined entity operates across various industries including healthcare, manufacturing, food production, and electronics. Linde provides both industrial and medical gases, specialty chemicals, and engineering services. Its extensive product portfolio supports applications from medical oxygen supply to semiconductor manufacturing. The company maintains a significant global presence with operations structured around regional business units.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Manufacturing | - | - | - |
Property Taxes
| Parcel Number | 080-05071000000 | Improvements Assessment | $1,145,000 |
| Land Assessment | $325,000 | Total Assessment | $1,470,000 |
Property Taxes
Presented by
1700 2nd Ave
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